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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?

To: Riley G who wrote (24068)	12/5/1997 6:16:00 PM
From: Just My Opinion	Respond to of 55532

Riley: yeeeeaaaahhh..thaaaaat's the one. Funny...huh? ha ha ha ha ha ha...al

To: Riley G who wrote (24068)	12/5/1997 6:30:00 PM
From: Riley G	Read Replies (2) \| Respond to of 55532

And this paragraph: seclaw.com The truly amazing part in all of this is that the government is taking the lead here, and is actually giving the industry clues as to how it is thinking. The regulators are being progressive. The National Association of Securities Dealers (NASD), in an unpublished statement, said that electronic communications should be treated the same as traditional communications. The SEC has gone even farther, and published its approval of electronic delivery of prospectuses. (That release is available on the Web. A few states have changed their solicitation regulations to make it clear that Web use is not prohibited. Pennsylvania, in its "Internet Order," made that clear in August, 1995. -------- And this -------- However, the scope of the Internet makes these boundaries less certain. If you take an introductory letter, which many states consider a solicitation, and post it on the World Wide Web, it is available to anyone with a computer, regardless of where they live. Brokers could post a message to a newsgroup about a particular security or send e-mail to a group of individuals. When an investor in Texas downloads the letter and reads it, did the broker just solicit a transaction? Unfortunately, depending on the content of the letter, the traditional answer is yes. If the letter had been sent by mail, it would be deemed a solicitation.

To: Riley G who wrote (24068)	12/5/1997 7:20:00 PM
From: Dan Merfeld	Read Replies (2) \| Respond to of 55532

That is exactly the way the NASD sees it. If you are a broker and mention a stock to a neighbor while mowing the grass and he buys it. If he has an attorney with blood in his eyes (don't know where you could ever find one of them, do you?) He can sue you,if it tanks. You can also sue him if he talks it down and convinces you to sell a stock that you own and miss out on a run up after you sold because of what he spewed. Registered Reps. whether they are 6, 63 or series 7 licensed carry Errors and Omissions Insurance just for those reasons. I hope Mike's E&O's are paid up and current.

To: Riley G who wrote (24068)	12/7/1997 7:48:00 PM
From: Riley G	Respond to of 55532

seclaw.com It is perceived that there is no "law of the Internet," no regulations governing the use of the Net, and no rules to follow. But this is an incorrect perception. The Internet is nothing more than another means of communication, as far as the law and securities regulations are concerned. And while regulations need to be clarified to address specific applications of the new technology, a simple premise should keep most brokers in compliance with the rules: If you can't do it over the telephone, and if you can't do it by mail, you can't do it over the Net.